[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Material Event Disclosure General
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Hayır (No)
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As a result of negotiations with the respective clients regarding the additional costs incurred due to extensions of time, increase in the amount of contractual works and scope additions in the ongoing projects of our subsidiary Tekfen Construction and Installation Co., agreements have been reached with the clients for the compensation of our accrued costs. These agreements are expected to have an additional positive impact of TRY450 million on the net profit in the first quarter of 2019 financial statements.